Ignore the Chinese words. Need the calculation done by detailed process instead of by Excel. Thanks!

Q1. A project has the following cash flows. Draw the cash flow diagram and determine the rate of return (IRR). ,,IRR 0 1 2 3 4 5 Expense $ -16,000 -2,500 -2,500 -2.500 -2.500 -2,500 Revenue $ 0 5.000 6,000 7000 8,000 12,000